1-Step MFC Challenge
1-Step General Trading Rules
| Rule Area | Assessment | Live | Notes |
| Equity Growth Target | 10% | – | Live Account has no limit |
| Daily Loss Limit | 5% | 5% | Equity-based, limit set by prior day balance |
| Max Drawdown | 10% | 10% | Equity-based, trailing account balance high water mark, locks in at starting account balance |
| Inactivity Period | 30 Days | 30 Days | Must place trade |
| Leverage | 1:50 | 1:50 | |
| Stoploss Required | No | No | Not required |
| Minimum Trading Days | 3 | – | The minimum time to complete the MFC Challenge is 3 trading days. |
| Profit Share | – | 80% | Start at 80%, can go up to 90%, 95% or 100% with add-on |
| Max Time | – | – | No Max Time requirements |
How do you calculate the 10% Maximum Drawdown?
At MyFundedCapital, we use a 10% Trailing Drawdown, calculated based on your closed balance (not equity).
Here’s how it works:
Your Trailing Drawdown starts 10% below your starting balance.
As your account grows, the drawdown trails your highest closed balance.
Once your closed balance reaches a 10% profit, the drawdown stops trailing and locks at your initial balance.
This gives you more freedom in your trading once you’ve proven consistency.
Example:
You start with a $100,000 account.
Your maximum drawdown at the start is $90,000 (10% below).
You grow your closed balance to $102,000 – your drawdown moves up to $91,800.
You keep growing and hit $110,000 in closed balance. Now you’ve hit the 10% profit mark.
At this point, the drawdown locks at $100,000 — your original balance.
From here on, you’ll only violate the rule if your equity drops to $100,000 or lower, regardless of how high your account goes.
Keep in mind: You still need to respect the Daily Drawdown rule of 5%, based on the previous day’s equity.